Speeches / Presentations

It is a real pleasure to be back in Brasilia to launch “Investing in Youth: Brazil”. One of Brazil’s greatest assets is its relatively young population. But you can reap a demographic dividend only if the environment is right for harnessing the potential and the talents of the young generation.

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One of Brazil’s greatest assets is its relatively young population; but you can reap a demographic dividend only if we create the conditions for harnessing the potential and the talents of this youth. High quality education remains the best engine of social progress and helps our young people find more and better jobs.

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We are launching today our sixth Economic Survey of Brazil. Today Brazil has one of the world’s largest economies. Its economic growth has been reasonable, even though the global economy is still facing the problems created by the financial crisis and its recovery has been hesitant and uneven.

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Despite important achievements, sustainable development is still a challenge, not a reality. In moving forward, we need to ensure that our policies have a stronger focus on sustainability and inclusion, in particular in developing countries, even more than elsewhere, said OECD Secretary-General at Rio+20.

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As a region with strong trade, investment, migration and financial links with the rest of the world, Latin America has not escaped the global crisis and its GDP is expected to contract between 1.5% and 2% in 2009, according to the OECD Secretary-General.

Latin America has a major role to play in building a new international financial and economic system, since it has accumulated substantial experience in managing financial crises and recovery programs, according to the OECD Secretary-General.